Economic Feasibility of a Small-Scale Wind Turbine in Coastal Area of South Sulawesi

F Mahmuddin1, - and N Puspitasari1, - and M U Pawara2, - (2021) Economic Feasibility of a Small-Scale Wind Turbine in Coastal Area of South Sulawesi. IOP Conference Series: Earth and Environmental Science.

[thumbnail of Mahmuddin_2021_IOP_Conf._Ser. _Earth_Environ._Sci._921_012030.pdf] Text
Mahmuddin_2021_IOP_Conf._Ser. _Earth_Environ._Sci._921_012030.pdf
Restricted to Repository staff only

Download (417kB)

Abstract (Abstrak)

To evaluate the exploitation potential of wind energy in the coastal area of South Sulawesi, Indonesia, an investigation on the economic feasibility of this project was performed. A 300-watt horizontal wind turbine was used as an example installed turbine. The wind speed range of 4-7 m/s which was the wind speed data in the coastal area of South Sulawesi was computed. The main economic analysis method employed was Capital Budgeting Analysis (CBA) method. In this method, 4 (four) indicators were used to evaluate the feasibility of the project which are payback period (PBP), net present value (NPV), internal rate of return (IRR), and benefit-cost ratio (BCR). A visual basic computer program based on the CBA method was also developed to make the computation more convenient. From the study, it was found that the wind speed range of 4-6 m/s resulted in a non-feasibility project while the highest wind speed (7 m/s) was found to be quite strong to make the project feasible.

Item Type: Article
Subjects: V Naval Science > VM Naval architecture. Shipbuilding. Marine engineering
Depositing User: - Andi Anna
Date Deposited: 28 Mar 2022 01:33
Last Modified: 28 Mar 2022 01:33
URI: http://repository.unhas.ac.id/id/eprint/14621

Actions (login required)

View Item
View Item